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Presented below is information related to lamarisk Enterprises. (a) From the information,...

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Accounting

Presented below is information related to lamarisk Enterprises.
(a)
From the information, prepare (as far as the data permit) monthly income statements in columnar form for February, March, and
April. The inventory is to be shown in the statement at cost; the gain or loss due to market fluctuations is to be shown separately
(using a valuation account).(Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g.(45).)
February
$
$
March
$
April
image

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